- Starting September 1, 2026, Russia will implement new regulations for cryptocurrency transfers abroad, subjecting them to currency control and AML rules.
- Citizens and businesses can use cryptocurrencies and stablecoins for cross-border payments, including sending to personal foreign wallets or paying non-residents for goods/services, provided transactions are documented.
- This move aims to provide an additional settlement channel for foreign trade amidst traditional payment restrictions, but does not bypass regulatory oversight.
Topics: Jurisdictions, Legal regulatory, Integration with defi, Cross jurisdictional policy, Securities law classification, Rwa collateral lending
Tags: #bankofrussia #cryptocurrencytransfers #crossbordersettlements #currencycontrol #antimoneylaundering #digitalassets #foreigneconomicactivity #stablecoins #bitcoin #ethereum
No comments:
Post a Comment